SGX: 91 error trades in New Silkroutes shares
Singapore
SINGAPORE Exchange (SGX) declared 91 trades on Wednesday involving 52.3 million shares of New Silkroutes Group as "error trades" resulting from confusion over the recent consolidation of the company's shares, according to a statement by the market operator.
Market sources told The Business Times on Wednesday that more than 50 million shares of New Silkroutes, an energy, healthcare and technology company, had been matched at about 1.5 Singapore cents close to the opening bell.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results
Porsche posts Q1 profit drop on ramp-up costs